Small business owner (not huge profit, a kind of hobby thing) and I am paid by clients through Zelle, Venmo, cash app.
As soon as I get paid, I sent funds from those business accounts to my personal BOA accounts.
- My history is quite long and very regular patterns.
- Platinum honor member for years.
- Most funds in BOA. Savings and CDs.
- International wire transfer from my family. From same sender(name and institution) for years to same checking account. FYI, sender’s country is NEVER suspicious country of drug or terror, not mainland china. Honestly we call my country as “least favored but most obedient puppy of USA”
By coincidence, I read posts from chase bank subreddit and some from churning sites. And though most is about chase bank, I am a little nervous. Sudden shut down against my will is not fun.
original posted by ComprehensiveCat9137 to r/personalfinance on Tue, 12 Mar 2024 07:35:08 GMT.